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key success factors

the resources and capabilities/competencies/ skills a firm must possess to achieve some competitive ‘success’ and profitability in a market. For example, a pharmaceutical firm such as Glaxo Smith Kline must possess financial resources and skilled research staff to fund and develop expensive and innovative new drugs. However, this is not enough in itself to achieve a COMPETITIVE ADVANTAGE over rival suppliers and deliver above-average profits; that is the firm must achieve greater differential competitive advantage by having superior resources and capabilities (technical, but crucially also managerial expertise) such as to create more value than its competitors. See VALUE CREATED MODEL, VALUE ADDED ANALYSIS, RESOURCE BASED THEORY OF THE FIRM, DISTINCTIVE COMPETENCIES.
References in periodicals archive ?
Critical distance is the distance in which it is impossible to react in time.
We regard it as our job to be objective in the information we provide and balanced in our assessments and analyses, bearing in mind the importance of keeping a critical distance.
The final chapter injects a small dose of critical distance, relying on the trope of "the elephant in the room" to highlight several vaguely political puzzles or dilemmas that face conservation advocates and scientists.
The match tips in the black hole's favor at a critical distance determined by the mass and size ratios of the black hole relative to the star.
The common critical position--namely, that Herder's focus on humanity's cultural embedment suggests that he is unable to maintain a critical distance to his own thinking and thus unable to address questions of transcultural value--is far too narrow.
Never reductive, genuinely attuned to both Joyce's fictive methodology and his human qualities, Bowker manages to be immensely sympathetic to his subject while managing to preserve necessary critical distance and acuity.
Anthony Bradley grew up in a black Methodist church and was shaped by black liberation theology, but thanks to a solid theological education (MDiv from Covenant Seminary; PhD from Westminster Seminary) and deep immersion into the history of Christian social ethics and political economy he was able to develop an appreciative but critical distance from it.
The matter of writing a critical review has to do with maintaining critical distance from the object of contemplation.
By critical hermeneutics Browning means that science and religion dialogue should be a dialectic between religious understanding, which arises through an effective history shaped by religious traditions and institutions, and scientific explanation, which seeks critical distance from its objects.
Central to the novel's impact is the fate of the "May '68" generation--their most commercially acceptable ideas recuperated into late capitalism, their revolutionary ideals severed by postmodern critical distance.
We need to encourage our readers to take a step back and develop that critical distance from what they are reading.
That's the most critical distance, because that's what gets you past people.

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